Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what recent assessment he has made of the potential impact of foreign investment on the UK defence industrial base.

The UK’s defence industry plays a vital role not only in our national security but also to the economic prosperity and growth of the UK. We want to boost investment in our defence industry, including from overseas, and the Defence Industrial Strategy will align our security and economic priorities to boost the prosperity of our people across the country, provide resilience for the UK, and ensure the credibility of our deterrence.

The investment in defence announced by the Prime Minister on 25 February 2025 will protect UK citizens from threats and create a secure and stable environment in which businesses of all sizes can thrive. Alongside this, the Defence Industrial Strategy will consider how best to create the conditions needed for the private sector to invest more. We will maximise opportunities of dual-use technology and sectors to bring in investment that supports the broader industrial strategy as well as benefiting Defence.

Equally this Government recognises that foreign investment can bring threats and risks as well as opportunity. The National Security and Investment Act is part of a robust system for scrutinising and where necessary intervening to protect national security, while providing businesses and investors with the certainty and transparency they need to do business in the UK.